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Sewalls Point Single Family Market Report July 2016

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099
Sewalls Point Single Family Market Report July 2016
Sewalls Point Real Estate Snapshot, Residential Sales for July 2016  

There are currently 69 active listings (Down by 7 homes since last month)

Sewalls Point Single Family Market Report July 2016

11 home sales are pending and awaiting close or lender approval (Increased by 6 homes from June)

Sewalls Point Single Family Market Report July 2016

2 Homes sold in July (Decreased by 17 home sales from June)

Sewalls Point Single Family Market Report July 2016

The single family real estate market in Sewalls Point for July showed a big decrease in closed sales for July. Pending sales look good, however, and I expect these sales figures to improve in the coming months. The inventory of available homes is up from last year but down from last month.

The current absorption rate exploded to 34.5 months, in June it was 7.6 months. An unfortunate slowdown for Sewall's point, but possibly an opportunity for buyers. A 6 to 7 month absorption rate is considered a balanced market where neither the seller nor buyer have an advantage.

Comparing the results to July of 2014, the inventory was 58 homes on the market, 12 pending sales and there were 5 closed sales. Better numbers last year, even though we have a greater inventory now.

Sewalls Point Single Family Market Report July 2016

Search below for Sewalls Point Florida Real Estate for Sale

 

Rental Properties

Vacant Land Properties

Residential Properties

 

Sewalls Point Single Family Market Report July 2016

 

Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, you have done a great job on your Sewalls Point Single Family Market Report. All the data people need in a simple to understand format.

Aug 22, 2016 03:04 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

Gabe Sanders  Another great market report on Sewalls Point  Single family Homes

Aug 22, 2016 03:05 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Seems like great options for buyers lookng in the Sewalls Point single family home area!

Aug 22, 2016 06:04 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

gabe, I agree with you as this might be a great time to be a buyer in the Sewalls Point market. 

Aug 22, 2016 06:45 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It sounds like NOW is a great time for buyers to make that home purchase in Sewalls Point. Great market report, Gabe. 

Aug 22, 2016 07:33 AM
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

what a great report to share with buyer and sellers looking to learn more!

Aug 22, 2016 09:34 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Gabe, comprehensive market update. When buying or selling a home in Sewalls Point, you are the Realtor to call.

Aug 22, 2016 10:42 AM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Good evening Gabe Sanders ,  Thanks for sharing another great market report.

Aug 22, 2016 11:52 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Gabe Sanders Thank you for taking the time to share this.  Very informative!

Aug 22, 2016 10:09 PM
Roy Kelley
Retired - Gaithersburg, MD

Sewalls Point home sellers will be in very good hands when they select you as their listing agent.

Aug 22, 2016 11:44 PM
Donna Foerster
HomeSmart Realty Group - Parker, CO
Metro Denver Real Estate Assistant

Great market report Gabe. I'm a big fan of easy to read charts and graphs!

Aug 23, 2016 01:51 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Sep 26, 2016 03:34 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Sewalls Point FL real estate.

Sep 26, 2016 03:34 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Sep 26, 2016 03:35 AM